415 La Fayette Park Place, Los Angeles

$1,175,000

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0 Bed
0 Bath
.11 Acre
0 Garage

Opportunity to acquire an RD2-zoned lot and RTI plans to develop a Four Unit Multifamily asset. The plans include (2) Duplexes spanning 5,674 GLA and 15 Bed / 15 Baths. Units consist of (2) 5 Bed / 5 Baths, (1) 3 Bed / 2 Baths and (1) 2 Bed / 3 Baths. 415 Lafayette Park Pl offers a unique opportunity in the highly desirable neighborhood of Echo Park. This 4,783 SF site has convenient access to all of Echo park’s entertainment, restaurants, attracations, parks, freeway access and more. The lot has no RSO zoning restrictions and the plans include four large units. Four unit new construction Multifamily is in very high demand as the inventory is low.

Essential Information

MLS® #
PW24011687
Price
$1,175,000
Bathrooms
0.00
Acres
0.11
Type
Land
Status
Active

Community Information

Address
415 La Fayette Park Place
Area
C21 - Silver Lake - Echo Park
City
Los Angeles
County
Los Angeles
Zip Code
90026
Community Features
Urban
Senior Community
N

Amenities

Utilities
Electricity Available
View
Neighborhood

Exterior

Lot Description
2-5 Units/Acre, Corner Lot

Additional Information

Date Listed
January 18th, 2024
Days on Market
106
Zoning
LARD2

Listing Details

Agent
Martin Fish
Office
Citivest Realty Services, Inc
Property History
Price Reduced from $1,199,000 to $1,175,000
Price Reduced from $1,294,000 to $1,199,000
Price Reduced from $1,299,000 to $1,294,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 3:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.